Berenberg Bank set a €300.00 ($348.84) target price on Xing (ETR:O1BC) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other research firms have also recently issued reports on O1BC. Warburg Research set a €330.00 ($383.72) price target on shares of Xing and gave the company a neutral rating in a report on Monday, May 6th. Deutsche Bank set a €335.00 ($389.53) price target on shares of Xing and gave the company a neutral rating in a report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €311.67 ($362.40).
Xing stock opened at €328.50 ($381.98) on Friday. The company has a debt-to-equity ratio of 12.14, a quick ratio of 0.76 and a current ratio of 0.82. The firm has a market cap of $1.85 billion and a price-to-earnings ratio of 54.75. Xing has a one year low of €223.00 ($259.30) and a one year high of €375.00 ($436.05).
Xing SE operates professional networking Websites primarily in Germany, Austria, Switzerland, and internationally. It operates through four segments: B2C, B2B E-Recruiting, B2B Advertising & Events, and Kununu International. The B2C segment serves XING members who use XING.com, XING Jobs, and kununu.com to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics.
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